For Sale
$15,986,500

1345 Osceola PkwyKissimmee, FL 34744

Brand new fitness center, high-growth area.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a brand-new, 42,000-square-foot EoS Fitness facility in Kissimmee, Florida. Located at 1345 E Osceola Pkwy, this single-tenant, net-lease property boasts a 15-year lease (expiring December 31, 2039) with a built-in 10% rent increase every five years. The property sits on a 2.42-acre lot and includes 744 parking spaces, ensuring ample convenience for members. Built in 2024, this freestanding building is part of a thriving retail hub, co-anchoring the Gateway Station and situated near a high-performing Walmart Supercenter. The property benefits from its strategic location along Osceola Parkway and Florida's Turnpike, with combined daily traffic exceeding 135,900 vehicles. Its proximity to the Tupperware Train Station, Atlis Twin Lakes (a future 346-unit luxury apartment complex), the new Tupperware headquarters, and The Crosslands retail complex further enhances its value. The property's strong financial performance is reflected in its $1,039,122 NOI and a 6.50% cap rate, making it an attractive investment with a fee simple ownership structure. The property's location within an Opportunity Zone provides additional investment incentives. The lease includes three 5-year renewal options, providing long-term stability and predictable cash flow. The APN is 0225291455000102B0. The asking price is $15,986,500.

Highlights

  • Brand new, 42,000 SF EoS Fitness facility with a 15-year NNN lease (expiring 12/31/2039), including three 5-year renewal options and 10% rent increases every five years.
  • High-growth area in Kissimmee, Florida, near a Walmart Supercenter, new Tupperware headquarters, and a future luxury apartment complex.
  • Prime location on Osceola Parkway and Florida's Turnpike, with over 135,900 vehicles daily.
  • Located in a dominant retail hub, co-anchoring the Gateway Station and near The Crosslands retail complex.
  • Qualified Opportunity Zone property offering significant tax advantages.

Property Details for 1345 Osceola Pkwy

Property type
Retail properties, Retail space
Year Built
2024
Buildings
1
Lot Size (sq. ft)
105,415 SF

Location Insight

City
Kissimmee
County
Osceola
State
Florida
Latitude
28.3436
Longitude
-81.388844
1345 Osceola Pkwy, Kissimmee, Florida

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1345 Osceola Pkwy
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